on Barratt Developments (isin : GB0000811801)
Form 8.3 - The Vanguard Group Announces Stake in Barratt Developments plc
The Vanguard Group, Inc. disclosed its ownership in Barratt Developments plc, presenting a significant shareholding. As of March 14, 2024, The Vanguard Group declares an interest of 47,565,664 shares, which represents 4.88% of the company, highlighting their substantial involvement in the UK-based housebuilder.
The Form 8.3 submission, dated March 15, 2024, outlines that these holdings include both direct ownership and potential short positions. However, the disclosure specifies that all positions disclosed are direct interests, with no cash-settled derivatives or stock-settled derivatives impacting the group's stake. This indicates The Vanguard Group's straightforward investment interest in Barratt Developments.
Additionally, the report includes a note of a purchase transaction involving 1,986 Barratt Developments shares at a price of 4.77 GBP each. This transaction reflects The Vanguard Group’s ongoing adjustments to its holdings within the firm, showcasing active investment management concerning its stake in Barratt Developments plc.
The disclosure emphasizes no indemnity, option arrangements, or agreements influencing this stake, ensuring transparency around The Vanguard Group's investment. Contact details for further inquiries have been provided, with Shawn Acker listed as the point of contact.
R. P.
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